MGIC Investment Corp. (MTG)

[tommiegun54]

BUY lMGIC HAS BEST VALUATION, CAPITALIZATION IN PMI INDUSTRY

Today's book value $13.88 will be closer to $14.50 in Q1.

RESERVE PER POTENTIAL CLAIM
MGIC INVESTMENT COMPANY $15,100
RADIAN. $12,168
ESSENT GUARANTY. $11,900
NMI HOLDINGS. $7,400*

*NMI HOLDINGS SEEMS IS UNDER RESERVED FOR LOSSES, INDICATING ONLY HALF THE RESERVE OF MGIC AND $4,500 LESS THAN ESSENT
MOST CURRENT DATA FROM FINANCIAL RESULTS.

MGIC IS UNDERVALUED BASED ON IT'S CASH GENERATION AND MARKETSHARE SUPERIORITY.

MGIC has best P/E 9.46
Price to book .93
Forward P/E 7.47
COMBINED RISK TO CAPITAL 9.1

NMIH PRICE/BOOK 1.47
P/E 10.76
COMBINED RISK TO CAPITAL 15.1
Book value $16.08